Trump hopes for “very successful” talks with China

U.S. President Donald Trump said he is optimistic about resolving a trade dispute with China.

During a speech at the White House, the president said that U.S. Treasury Secretary Stephen Mnuchin returned from China after two weeks of talks.

“He has just returned from China. In three or four weeks we will inform you whether the negotiations were successful… But I have a feeling that they will be very successful, “Mr. Trump said.

Earlier Mr. Trump stated that he intends to meet with Russian President Vladimir Putin and President of CHINA Xi Jinping at the G20 summit, which is scheduled for 28 – 29 June in Japan. He looks forward to a fruitful meeting with the head of China after the escalation of the trade dispute.

The trade war between the United States and CHINA began in the summer of 2018. Washington and Beijing imposed duties on each other, the losses of each party were estimated at $34 billion. In December, at the G20 summit in Buenos Aires, the United States and China were able to negotiate a trade truce that expired in March.